Top 5 Zacks #1 Ranked Federated Mutual Funds - Best of Fund Family
March 28 2013 - 1:49PM
Zacks
Federated Investors has used a disciplined approach to deliver
superior value to investors since its inception in 1955. The
company is now one of the largest investment managers in the U.S.
managing more than $379 billion worth of assets. Federated offers a
wide range of products, including domestic and international
equity, fixed-income and money market funds. These products are
distributed through a large network of around 4,700 financial
intermediaries and institutions.
Below we will share with you 5 top rated Federated mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future. To view the
Zacks Rank and past performance of all Federated funds, investors
can click here to see the complete list of funds.
Federated Prudent Bear A (BEARX) seeks capital growth.
The fund invests in short term liquid securities to hedge against
its obligations related to outstanding short positions. It seeks to
grow capital by taking long positions on equity securities which
are attractively priced relative to their underlying value. The
fund has a three year annualized return of -14.13%.
The Fund Manager is P.Ryan Bendand he has managed this Federated
mutual fund since 2008.
Federated Capital Income A (CAPAX) invests in equity and
fixed-income securities with the potential to generate
substantially high income. Fixed income securities purchased by the
fund must have high current yields. The fund may purchase non
dollar denominated fixed income securities. It may also purchase or
sell foreign currencies. The fund has a three year annualized
return of 9.99%.
The Federated mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 1.02% compared to a category average
of 0.91%.
Federated International Leaders A (FGFAX) seeks capital
appreciation over the long term. The fund invests in foreign
companies and concentrates on purchasing foreign stocks from
developed markets. It may also purchase equity in companies from
developed markets, including the United States. The fund has a
three year annualized return of 12.06%.
As of December 2012, this Federated mutual fund held 49 issues,
with 3.52% of its total assets invested in Credit Suisse Group
Federated Emerging Market Debt A (IHIAX) invests the
majority of its assets in debt securities issued from emerging
markets. The fund may invest in securities denominated in dollars
or foreign currencies, without regard to their maturity periods.
The fund has a three year annualized return of 13.28%.
The Fund Manager is Roberto Sanchez-Dahl and he has managed this
Federated mutual fund since 2000.
Federated Municipal High Yield Advantage A (FMOAX) seeks
high current income. The fund invests a large share of its assets
in long term securities exempt from tax, as well as in medium or
non-investment grade quality tax exempt securities. It is
non-diversified and utilizes derivatives to manage risk or enhance
returns. The fund has a three year annualized return of 8.81%.
The Federated mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 0.89% compared to a category average
of 1.02%.
To view the Zacks Rank and past performance of all Federated
mutual funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank.
View All Zacks #1 Ranked Mutual Funds
Get Your Free (BEARX): Fund Analysis Report
Get Your Free (CAPAX): Fund Analysis Report
Get Your Free (FGFAX): Fund Analysis Report
Get Your Free (FMOAX): Fund Analysis Report
Get Your Free (IHIAX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research